This can’t be true, can it?

Yesterday, iacknowledge.net reported that in a speech to the Centre for Social Justice, Iain Duncan-Smith (IDS), the Secretary of State for the Department of Work and Pensions has blamed poor employment figures and rising welfare costs on foreign workers.

IDSIt is reported that during his speech Iain Duncan Smith spoke about the issues of low wages and long term unemployment, and came to a startling conclusion.  He told the audience: “In just 5 years between 2005 and 2010, the number of British people in jobs fell by some 400,000, while the number of foreigners in British jobs soared by more than 700,000. In other words, for every British person who fell out of work, almost 2 foreign nationals gained employment. Short-term policy making created damaging long-term consequences… destroying the ethos of a whole section of our society, left behind in workless households and those deprived estates that I described at the start.”

The author of the article says that in making such a statement, “IDS has placed the blame for the poor outcomes of employment, economic and social policy on immigrants.  He has taken two separate statistics and announced that one causes the other – without actually bothering to prove such a link exists.”

The article is hard-hitting but worth reading.

Read the article in full here and draw your own conclusions.

Martin Pollins

Managing Director at One Smart Place
Martin Pollins is a Chartered Accountant and MBA with wide experience in corporate finance and business management. He has served on the boards of several companies, including those listed on the London Stock Exchange, AIM and OFEX. He is Chairman and Founder of OneSmartPlace and was a Council member of the Institute of Chartered Accountants in England and Wales from 1988 to 1996. He was managing partner of PRB Martin Pollins, based in Sussex, the first Accountancy firm to advertise on British television.He went on to create and launch the CharterGroup Partnership (the UK’s first Accountancy network) and then LawGroup UK (at the time, one of the largest networks of lawyers in the UK). In recent years, he helped to raise several £millions to fund British films such as The Da Vinci Code, Bridge of San Luis Rey, Head in the Clouds and Merchant of Venice with actors such as Charlize Theron, Robert De Niro, Al Pacino, F. Murray Abraham. Kathy Bates, Gabriel Byrne, Geraldine Chaplin, Tom Hanks, Ian McKellen, Audrey Tautou, Penélope Cruz, Steven Berkoff, Lynn Collins, Jeremy Irons, Joseph Fiennes and many more.

He has written over 700 business publications (see Glossaries at http://onesmartplace.com/resources/glossaries/) and is editor of Better Business Focus (see http://onesmartplace.com/resources/better-business-focus-magazine). His Blog, on a wide range of subjects can be found at: http://onesmartplace.com/blog/
Martin Pollins

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